In the next five years, no alternative to glyphosate is going to “magically” appear in the market, Dr Bob Reiter, a high-ranking official from Bayer, told EURACTIV.com, referring to the controversial herbicide that has been the subject of heated debates across Europe.
Speaking to EURACTIV on the sidelines of the Future of Farming Dialogue event in Monheim, Dr Reiter, who is the head of research and development, crop science at Bayer, said glyphosate might be a “once in a lifetime product”.
Last year, Bayer bought US-based Monsanto, which produces glyphosate, to create a global agrichemical behemoth.
“We and our competitors have been investing since the 70s when glyphosate was introduced. And we still don’t see a molecule with the same capabilities that glyphosate has,” Reiter said. Read more …